Dazzle,Inc.produces beads for jewelry making use.The following information summarizes production operations for June.
-The journal entry to record June production activities for goods transferred from production to finished goods is:
A) Debit Finished Goods Inventory $432,000; credit Work in Process Inventory $432,000.
B) Debit Work in Process Inventory $444,000; credit Finished Goods Inventory $444,000.
C) Debit Work in Process Inventory $432,000; credit Finished Goods Inventory $432,000.
D) Debit Finished Goods Inventory $444,000; credit Work in Process Inventory $444,000.
E) Debit Work in Process Inventory $432,000; credit Cash $432,000.
Correct Answer:
Verified
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